| From Nreionline.com: The commercial real estate market has reached a point at which acquisitions of distressed assets are beginning to make sense, according to participants at the second Real Estate Private Equity Summit, which took place in New York this week.
The buying spree that’s likely to result from sales of discounted properties in the current cycle will be very different from the investment sales boom of the mid-2000s, attendees warned. Back then, investors cared primarily about valuation and treated commercial real estate as a commodity.....Full Article: Source |